Calling these smaller financial institutions the "bedrock of small towns
across America," King said they--and the services they provide--are
being "hammered by a tidal wave of poorly-tailored regulations."

Improve the definition of "rural" so that more counties will be
considered rural for the purposes of the rules of the Consumer Financial
Protection Bureau; and increase the annual mortgage origination limit
for rural creditors from 500 to 1,000 per year.

Require the Federal Reserve to revise the Small Bank Holding
Company Policy Statement so that the policy applies to bank holding
companies and savings and loans holding companies with pro forma assets
of less than $1 billion, an increase from the current threshold of $500
million.

Whether you are a new supervisory committee member, board member, or even a seasoned volunteer don't miss out on this group-live event that will most definitely enrich your contributions to your credit union.

The event will have a full agenda of the latest information and updates regarding credit union auditing,
compliance, and fraud. With a wide variety of speakers and topics,
you’ll better your knowledge to help keep your credit union secure and
strong.

Credit unions were represented at a fundraiser recently for Florida Commissioner of Agriculture Adam Putnam (center). Railroad and Industrial FCU CEO Art Wood (left) and Florida West Coast CU CEO Mary Wood attended. They were able to discuss some credit union issues with Putnam, a credit union supporter.

League helps with Colleen Burton's campaign
LSCU and Affiliates' Director of Governmental Affairs (Florida) Jennifer Martin spent this past Saturday walking door to door with candidate Colleen Burton.
Burton is a Republican running for HD 40 in Lakeland, an open seat currently
filled by Rep. Seth McKeel who terms out this year. Facing a
tough primary opponent, Burton was appreciative of the time the League spent helping with
her campaign grassroots efforts to reach the voters. While helping with campaign efforts the GA team also had the opportunity to
discuss the issues most important to credit unions.

First Florida prepares children for financial futures this SaturdayThis Saturday, Aug. 2, the First Florida Credit Union’s Tallahassee Northside Branch will host Money Savvy Kids to teach local children, ages five to 12, financial fundamentals and the value of saving money. Through engaging and interactive games stations, this free event introduces children to concepts such as goal setting, smart spending, and earning interest on savings. If you are in the area make plans to take your young saver.

New executive director announced at Suncoast Credit Union Foundation
Suncoast Credit Union announces the appointment of Cindy Helton to the position of executive director of the Suncoast Credit Union Foundation, effective immediately.

As executive director, Helton will be responsible for conceptualizing, developing and facilitating the implementation of projects, donations, grants and events related to Suncoast Credit Union’s commitment to the community.

For
the last six years, Helton served on the Academy of Finance board of directors
and has lead community efforts to provide internship opportunities for more than 150
Academy of Finance students in Hillsborough County.

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